2Fareed Zakaria GPS
to that. you can't -- you undo the regulatory burdens that obama has put in and threatened to put in. you get rid of obama care -- >> this is all rhetoric. you've got a plan as a practical matter. as i said, clinton raised takds, he cut growth -- taxeses, he cut growth. bush had the weakest growth in 30 years. all i'm saying is as a matter of practical planning for the fiscal future of the united states your answer can't be, well we'll have stronger growth. yeah, if we grow at 6%, we don't need to do anything. everything is solvent, right? but i can't wish for that. we've got to plan realistically. >> we know that if you reduce capital gains taxes, you actually get more growth. if we go to full expensing for business investment, we'll get more investment. we need to have an immigration policy that brings both talent and numbers to the country. we need to have a territorial tax system so a trillion dollars that's overseas to come back here and create jobs and opportunities here while making the country stronger -- >> if you could wave a magic wand for the tax code, what would you do?
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